2min chapter

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How the Govt borrows and why you should lend to them directly

Capitalmind Podcast

CHAPTER

How Much Do We Really Need to Borrow?

The government is freshly going to borrow round five %. This is not not an incredibly huge amount, considering it's been a corona year. They're just redigging a lot of the expenditure to make it little more transparent. Despite whatever was said, we've spent our four and a half lack groas last year. So we've spent more than two x the amount we budgeted on buying food from farmers. But that's fine, because farmers get paid in a time when, you know, the whole supply chains were shot.

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